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The Arts and Culture Trust Act replaces the Perth Theatre Trust Act 1979, and will provide the legislative authority for the Trust to establish, own and operate the proposed $100 million state-of-the-art screen production facility, which is a key election commitment.

The Arts and Culture Trust will replace the Perth Theatre Trust (PTT) which manages some of WA's iconic theatres, including His Majesty's Theatre and the State Theatre Centre. It also manages venues outside the City of Perth such as the Albany Entertainment Centre and Subiaco Arts Centre.

The Arts and Culture Trust will be a statutory authority, managed by a board.

The new Trust will provide:

• greater responsibility for all kinds of art and cultural assets rather than just theatres
• a State-wide focus and ability to engage in broader commercial activities
• opportunities to optimise potential flow-on benefits for local businesses and the broader community. 

PTT venues, staff and other assets will transfer to the new Trust when the Bill is proclaimed.

The legislation will also provide certainty to resident companies including the West Australian Symphony Orchestra, Black Swan Theatre Company, the West Australian Opera, and the West Australian Ballet.